But the late then story. Here is our Ashley Johnson. Reporter all over this news, one huge bubble of mixed mess ago ins. Headlines stating trump tax plans speak for itself and it is lig. Trump reportedly telling friends you all just got a lot of reporter. Friday President Donald Trump signed the republican tax cut bill before leaning for christmas break in florida. The white house and republicans are calling it a boom for the middle class. But many people wanted to know how exactly the tax plan affect our pockets new York Governor Andrew Cuomo signed an executive order to make sure they complete pay fex years taxes. In new jersey, the city of Tax Collectors Office has been accepting prepayment payment of property tax. Will filing early help. Matt roonen in the attorney and founder references the study by the institute of taxation and economic policy. And the taxation and policy because they are certainly not President Trump and put out study and a she that nin and ten are either going to get a tax cut or not going to have any taxes at all. It is someone around and the tax cut. Several businesses such as at t come cast and wells fargo announced instant bonuses from the tax bill. At t and come cast handing out 1,000 doe us ins to the thousands of workers. Now, the bill does affect those getting a divorce. One provision gets rid of the deduction for alley money payments which divorce peg,s worry will make negotiations tougher and collect spousal report ap will not affect any timing and separation agreement before 2019. I am Ashley Johnson reporting for chasing news. Ashley, thank you very much. Former on the am amplication of the tax foreign bill we bring in the financial journalists this is the week where they are take investigate a cass. Are crunching numbers of tax reform bill and legislation and as the corporation stanes to benefit that we know based on the am bers do you think the workers with will benefit in the end. For a democrat who hates trump you say the answer is no. If you are a republicans who of los trump. He answer is yes. If you are a business guy who wants good things things from te economy. The answer is it genes ow now i would say it is fog happen. Already, we see comcast, at t, and fifth third bank, wells fargo and 1,000 stin stant bonuses to their employees as response to the tax cuts. Chuck shum the new york liberal senator complaining the companies are going to take 83 billion they announced so far and by back stock as if that it is a bad thing income are employee that,ed another company and you own that stock that biback is a good thing not a bad thing. I think now the question is will wages go up. If you are in a booming industry. You bet the wags are going to go up. Is time. There is extra factor, john. President trump uses that tweet to humiliate companies that wont or to praise companies that will. Which company would you rather be . This goes though point of the critics who say this is a oneshot deal. The bonuses are basically a pr stunt, so the Companies Look good. The president is happy. And his supporters are happy. In the end, 1,000 doe us in after taxes comes to 00 if they never do that money again. What this is point well, i want those critics to gy aturn that 1,000 bow mus when they resite of. Turn it all over to government because they are concerned and think that is a great idea. Be happy for any dollar we can get back from government or from our employers because that money we earned it it belongs us to. Too many people out there 5 of america is against taking back opinion my from government that government seized from us. , i think it is time for us to take money back so the government cannot spend so much. Ok. Leib it there. Dennis, thanks very much. I want to vo dus the panel here to discuss taxes and more. We got the sheriff of Monmouth County as well as bill caruso, an attorney. Yes, this is confusing stuff for a lot of homeowners i live in Westchester County in new jersey ap having conversations with my family about do we prepay 2016 and afford to prepay 2018 will the irs even recognize the prepayments for 2,018 and do you care to sort this out for all of us . I wished i could. I think the problem right now, it is there is a lot of conflicting dat out there. We have certain towns that are saying, you know, come, come open up. They open up the hall ready to collect anticipate money you will bring to the table and do have that money. Maybe do you go bay faith. Ask your accountant first. People know anything. And you have a couple of days to do that. A lot of people in general and out of town for holidays. This is are vacation week for a lot of people because the kids are out of school. This is fair. A mad dash to to judgment. It is a tough call. Dont forget we were talking about you know, if you pay that through the escrow account and the mort gains you got work that out with the mortgage company. That has got to be worked out, too. It proposes a host of problems for me i check with my accountant when you range from 200 thousand to 500h thousand and above. Is up to 86 of new jerseyans now are in that amt and so this may not bet mather to you. Prepayment. All right. Bill a raws sew. Well check back with you in a few more minutes. Thanks, guys. Here is a look at headlines we are chasing for you today. It was a silent night in puerto rico for christmas but more than a third of the island still without power after hurricane marie yea hit earlier this year backses like food, water, medicine and so scars in system areas and many had to improvise their holiday celebration. But there are some things. The army corp of gn he nears estimates that power should be restored to 9 a of the island by march. Erie pennsylvaniale kag snow emergency after the city got hit with 53 inches of snow in 3 hours. 34 inches fell on crest mass day alone shall shattering this previous one day record for erie of 20 inches in 1656. And if you or a friend are obsessing a bit over the high score, you may have a disease. The World Health Organization has added aiming disorder to the International Classification of the disease. The illness is characterized by persistent video game playing that takes precedents over live interest and activities f. So it may be time for you to say, game over, man. And those are some of the headlines we are chasing today. Each year nearly 500 children here in new jersey died before the first birthdays and children from mothers are more three times as likely to die from children from white mothers why this isp pen. With more on the story we bring in the executive director of the partnership of from eternal child health of northern new jersey and walk us through the findings avenue report. Why this is happening to states . I appreciate you having me on. I will tell you the phenomenon of support has over 20 years and rate systems as well as political and factors of creating a hardship on black women for that period of time. Therefore the expected thing is baby born too small. And that is why the babies are less likely to sr. Vive their first birthday. Well where you are saying it is not so much race it is more racism meaning there is discrimination about Economic Opportunities and educational tunes and up such . Absolutley. Well, think, race puts you at risks. But there is a ten city to blame the victims and black women themselves are not doing anything that puts them at risks except less. Well, zimmerman partnership for child health of new jersey. Thanks so much for joining. We appreciate your sper ek. Lets get our panel back. Shawn and bill a raws sew are here. This is this about racism that stage on 201 or is it matter of just meeting to have more education in awareness to prevent this noyau, the glimmer of hope is that we have seen, you know, increase in survivability and certainly what we alluded to when you look at social yo economic status but new jersey ranks ninth in the country unterms of Poverty Level and we have that, ninth in the country of People Living below 24 the and most of them an aamount are minorities and black women. It plies a factor. Think which overgeneralize. There is core issues here that are just unconscionable and the state as wealthy as new jersey and unbelievable Quality Health care and this exist. Thanks very much. Coming up on chasing news. Governor christie issued ten christmas pardons to anyone raised red flags. And our dan zarrow will have the chilly forecast, dan . Well, the biggest artist blast of the season has begun. It is not just for tomorrow or the next day, because it guess through the start of the new year. How cold will it get and will this chill lead to snow. Which vill the answers in welcome back to chase news. Am john in for bill spadea. We have more coming from the november gores Office Governor christies office. He did pardon the donor. That story coming up. First,ing the weather. It is going to be a chilly couple of days. Another here is our dan zarrow. Dan . 1 00. Reporter the deepfreeze is on for the next eightplus consecutive days. Thermometers will not climb above the freezing mark across the area that has not happened since 2005. It is no just here t. The arctic ir is taking over the temperature map. Look at the upper plans on tuesday. They did not climb out of the Single Digits that is just bitter and painful. Back at home for tonight. Foot well into the mid teens or so. We will be bopped ling up for sure. Clear skies and dry air and call mer during the over night. On wednesday, we see clouds start along the coast and then, sunshine resumes and still be a little bit breezy. 10 to 20 percent and add bite the cold air. High temperatures only in this me mid to upper 20s. Thursday looks look the bottom of the barrel. Thele coast day of this stretch. Morning lows only around 10 and then a high only in the lower to mid 20s. That is almost dangerous cold. It depend on those windchill that feels like temperature whether it is truly danger orous not. This cold is going to last through the beginning of the new year. Keep that winter coat handy. Her to thing we have to watches the at the for snow. It is certainly cold enough for that. Then there is a storm system worth watching on friday to saturday time trim and still lots of question marks here about how a clipper system coming in from the west will way to the coastal system over the atlantic. If they do not phase well. Well see snow showers point dy and do phase together. This could be light accumulating snow. A few inches to start the weekend on saturday. I am meteorologists dan gar glow. Thanks very much. Billion. On a friday, before a holiday, as your time in office comes to an en is perfect time for a politician to issue pardon. That was what happened with governor crest ty here in new jersey. He pardoned ten people. One of them, a businessman jameed joseph longo. In some circle that is raising red flag because he was Campaign Donor to the governor. Many people are Campaign Donors. So well bring in bob the former Morris County prosecutor to discuss whether this is in dod a red flag. Now, bob, thanks for joining ounce chasing news. Are you concerned about this party coming out of the Governors Office . Well, i mean where you have to look at all of the pardons that the go nor did not he isolate a singlear run hea pardoned people from the 80s because of nature. Then, because a person happens to be a Campaign Donor, it doesnt exclude them under the law or the rule of common sense from receiving a pardon. Dont know the particulars of this gentlemen but it would be unfortunate if we looked at that one as opposed to many others look the Police Officer who was pardoned in the controversial case and the right moved . I was impressed with the spectrum of pardon thats the governor did and i would rather not think, a person because he made 500 contribution in 200 t. This donor is cob hecked to the closest allies so his lawyer he signed to imthis be the lawyer does not create a conflict of interest on any level hoo fo. There is no conflict of interests because the power of this he governor is absolute. He can qualify anybody for virtuallity any reason and unchecked by the kurt and unchecked by the ledge lay tur and a right guaranteed to executive chief executive officers on the federal government and the in the state by the constitution and absolute power. And all right. I than force joining us and showing in sight and going back to the panel and the sheriff and attorney and we should not grant though the fact that who this persons with and connected to the missing person in the story. And this is not just an attorney. This is important part of public here in new jersey. Sure. He interesting. It is be testing bus that is the governor who built his reputation coming into office fighting political corrupts the pepper in question was charged and convicted of some political correction, i guess, plead it to. It is no at big deal, though. Yeah the headlines is great. It is the new stores ry you do the pardons in the time period. But this guy was on probation. A small time issue and then we are fact he donated 500 hup a long time ago is not necessarily positive what the governor did or didnt do. Well, think, he is correct hoo here. When you look at it. His sentence was few years sentence and i have that correct. And prohibition and listen, it was donation na that was made in 20009 and eight years any when the goff for was run in. Dont know. I think, i agree bob when you look at the totality and still when you look at it and that part. That is one that is going to be tacked about you know for the month ahead us to come with gun control. Well leave it there. Thank for your time. Thank you. Well, the program in union township, new jersey licek to ease the pain of separation between in mate and their family member. Allison gorm has story report correctional fale facility couldnt be home for the holidays they they red stories to the loved up withs for is problem. I is a program that lets prisoners report stories in audio along with the note to their families. The program was started a decade ago by Childrens Book author and her husband. Administrator said, project story back consistently has more women taking part in it than any of the program that we have here in the facility. These women are not just convicted criminals they are mothers, grandmothers and aunts. Michelle has been in car operate rate ford 14 yers for robbie and seng auto yo arorring toes the sun. I have a 15yearold son. And i send them books, you know, for different stage of is i love and let him know. I always love him. I always think of him. Hes with a toddler when i got locked up. 1 00 you know, that had a big impact on him. That day, michelle shows does this read the polar express. This is mom. I am reading you a book. And we talked to her about the most difficult being in prison. Away. Being away from him and my loved once. It is terrible. You make mistakes so you have to pay for them. In union township, am Allison Gormly in. Thanks sew very. There is still a lot more chasing news ahead including george who will join with us sport and wrap a crazy weekend of football. The jets angie ants both lost. Welcome back to chase newings. From President Trump promising job in america to major merges on wall street. Here with a look now at the year in review for business is fox business anchor ma rye yea bartiromo. With the ny and the stock market 2017 was the year of the businessman turned President Donald Trump. President trump together well make america strong again. We will make america wealthy again. We will make america proud again. We will make america safe again. And, he yes, together, we will make America Great again. Reporter the speech on Inauguration Day setting the tone for a year in politic another wooledly successful year for much of the business and investing world. All the major stock indices hitting records seemingly dy after day shattering milestones along the way with about 6 trillion in value add since the election. This is a very big day for the money. Look at that. 20 the on the dow. Business leaders credit much of the run juf to the business pro growth agenda of the trump administration. That rollback of obama errand a promise of tax reforms helping to rally. The ends the year finalizing a a 1. 5 trillion tax overall and nick growth of 3 or better for two straight quarters. There is a tremendous enthusiasm of business in the country so a lot of things have changed . But there were setbacks in the whit hus as well. A thumbs down from john mccain killing the gop promise to repeal and replace obama chair. It doesnt have to be the end of this story. Then climb mate of less regulation and a prospect of higher interests rates. Megadeals littered the landscape of corporation america. Broadcom targeting qualcomm with a o of foreworth 100 billion. Cvs trying to acquire aetna in a merger to reshare the entire health care industry. At t fighting the government in the bid to own time warner. The god and the bad of technology was on the display in 2017. Artificial intelligence and robotics taking major leagues forward. But hackers making the mark, too, a huge breach of the very information equifax was supposed to protect. 150 million americans personal ap Financial Data stolen prompting National Outrage from congressional investigations. But all in all, it was great year for technology as well. Amazon and google crossing 1 the a share. Apple marking the tenth anniversary of the iphone. Apple has now sold more than one and quarter billion in the last decade. Then was the scandal decades in the making. Rocking nearly every industry in america. Sexual harassment from the slew of high profile hollywood people like Harvey Weinstein and kevin spacey to major media figures like charlie rose to numerous reports of a Boys Club Culture in Silicon Valley taking sound several ektives including former uber ceo. Powerful men losing the position as the metoo movement. Finally the year ends with a question everybody is asking. It is this bit koy kind bubble her to real deal. It is exploding in 2017 starting the year at 1,000 incredibly cracking the 220,000 range where it guess from here and shorely be a major story next year and we close out truly remarkable Business Year in 2016. I am maria bartiromo, Fox Business Network new york. Thank you very much. Here is our george with spores. George . Reporter thank you, john. What a christmas night for eagles fan for awhile it didnt seem like there was going to be a fabulous present at the end of the game you know what they got one courtesy of the raiders quarterback. 1010 ball game under a minute to play and carr is kicked off by ronald darby who appears to take off for game clinching touchdown and ruled down by contact in the nfl. Did he not catch it . Looks like the ball touched the ground but this week, it is a catch, eagles fans are happy and less than 20 seconds later. Its jake elliot from 48yards. He kicked the field goal with 22 continueds left and gives the eagle a 1316 lead and a touchdown at end the for 1610 wen and the eagles clinched homefield in the nfc. Steelers on christmas as well. The steelers won the game big but the catch of the dawn maybe the year. Houston texans with the crazy one hander is it better. It might be. The year could be 1346 and was this the catch of the year on sunday atlanta at new orleans. Marchon the d back for the saints t. This was a praise on twitter with hashtag as interception but the number one trending version was butt kick. I dont make them up. I report them. Saints won the game 2313 and in seattle on christmas day. From twitter, this little guy a fiveyearold gets his Odell Beckham jersey and goes absolutely bonkers. Who is it . Proof that even though the giants had the worse years in heists are aand Odell Beckham giving new york giants a highlight of the year. That is the day in sports. Yop, back to you. Bill that is all the chasing news with very for now. Live from center city in philadelphia, this is fox 29 news at 11 00. Live look atly allentown on this tuesday night. Absolutely frigid area across the area and if youre hoping for a warmup of some sort of, well, of any sort, well were very sorry but you are out of luck. Winter may have just started last week, but we sure are feeling it this week. Thank you for joining us at 11 00 im lucy noland. And when the mercury drops this low it can be down right dangerous as you know. What exactly will you face the moment you step outside. Scott is in now with first look at your forecast. Hey, scott. Hi there, lucy. Were talking dangerous cold. Feels like temperatures right now in the teens. It feels like 17 degrees in philadelphia. The air temperature is 27. But look at some of the colder air off to the north and west. 1 degree